Independent Bank Corp.

NASDAQ: INDB · Real-Time Price · USD
66.72
-1.28 (-1.88%)
At close: Aug 15, 2025, 10:00 AM

Independent Bank Income Statement

Financials in USD. Fiscal year is January - December.
Fiscal Year FY 2024 FY 2023 FY 2022 FY 2021
Period Ending Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Revenue
974.14M 911.33M 749.84M 515.98M
Cost of Revenue
327.27M 212.46M 36.09M 31.92M
Gross Profit
646.86M 698.88M 713.75M 484.06M
Operating Income
247.13M 315.13M 347.75M 156.68M
Interest Income
852.75M 795.73M 642.84M 415.28M
Pretax Income
247.13M 315.13M 347.75M 156.68M
Net Income
192.08M 239.5M 263.81M 120.99M
Selling & General & Admin
244.54M 234.09M 211.66M 176.57M
Research & Development
n/a n/a n/a n/a
Other Expenses
155.19M 149.66M 154.33M 150.82M
Operating Expenses
399.74M 383.74M 365.99M 327.38M
Interest Expense
291.02M 189.21M 29.59M 13.72M
Selling & Marketing Expenses
n/a n/a n/a n/a
Cost & Expenses
727.01M 596.2M 402.08M 359.31M
Income Tax Expense
55.05M 75.63M 83.94M 35.68M
Shares Outstanding (Basic)
42.5M 44.18M 46.37M 34.87M
Shares Outstanding (Diluted)
42.51M 44.19M 46.39M 34.89M
EPS (Basic)
4.52 5.42 5.69 3.47
EPS (Diluted)
4.52 5.42 5.69 3.47
EBITDA
288.02M 351.24M 386.55M 189.5M
EBIT
247.13M 315.13M 347.75M 156.68M
Depreciation & Amortization
40.89M 36.1M 38.8M 32.82M